When the economy is in recession, the tendency is to apply Blank 1 and Blank 2 policies to stimulate economic activity.

Question

Blank 1
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Blank 2
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Question 69
Question 69

Answer 1

When the economy is in recession, the tendency is to apply expansionary monetary and fiscal policies to stimulate economic activity.

• Blank 1: expansionary monetary
• Blank 2: fiscal